Corning Incorporated Financial Diagnostics

GLW -- USA Stock  

USD 27.90  0.33  1.17%

The recent Corning Incorporated price drops may raise some interest from investors. The Stock closed today at a share price of 27.6 on 8477568.000 in trading volume. The company directors and management were unable to exploit market volatilities in August. However, diversifying your overall positions with Corning Incorporated can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 2.0464. The current volatility is consistent with the ongoing market swings in August 2019 as well as with Corning Incorporated unsystematic, company specific events. This diagnostics interface makes it easy to digest most current publicly released information about Corning Incorporated as well as get updates on important government artifacts including earning estimates, SEC corporate filings and announcements. This module also helps to analysis Corning Incorporated price relationship with some important fundamental indicators such as market cap and management efficiency. Please also check Risk vs Return Analysis.

Corning Incorporated Note

About 74.0% of the company shares are owned by institutional investors. The book value of Corning Incorporated was currently reported as 14.28. The company has Price/Earnings To Growth (PEG) ratio of 1.19. Corning Incorporated last dividend was issued on 2019-08-29. The entity had 3:1 split on 2000-10-04. Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York. Corning Incorporated operates under Electronic Components classification in USA and is traded on BATS Exchange. It employs 51500 people. To learn more about CORNING INC call Wendell Weeks at 607-974-9000 or check out http://www.corning.com.

Corning Incorporated Alerts

Corning Incorporated generates negative expected return over the last 30 days
CORNING INC has about 1.18B in cash with (345M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Roughly 74.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Corning Incorporated exotic insider transaction detected

Corning Incorporated Upcoming Events

Upcoming Quarterly ReportJuly 24, 2019
Next Earnings ReportOctober 22, 2019

Corning Incorporated Earning Estimates

EPSEstimate Date
Quarterly Estimate0.44July 24, 2019
Corning Incorporated normalized analysts earnings estimates for actual as well as projected forward EPS values taken as an average expert opinion over time
Earnings Estimate  

Corning Incorporated SEC Filings

Submission of Matters to a Vote of Security Holders
Financial Statements and Exhibits. Results of Operations and Financial Condition
Unclassified Corporate Event
Unclassified Corporate Event
Unclassified Corporate Event
Financial Statements and Exhibits. Results of Operations and Financial Condition
Financial Statements and Exhibits. Other Events
Financial Statements and Exhibits. Results of Operations and Financial Condition

Corning Incorporated Thematic Classifications

Baby Boomer Prospects IdeaBaby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Steel Works Etc IdeaSteel Works Etc
USA Equities from Steel Works Etc industry as classified by Fama & French

Institutional Investors

Security TypeSharesValue
Vanguard Group IncCommon Shares62.8 M2.1 B
Blackrock IncCommon Shares53 M1.8 B
State Street CorpCommon Shares38.3 M1.3 B
Price T Rowe Associates IncCommon Shares24.4 M810.1 M
State Farm Mutual Automobile Insurance CoCommon Shares18 M599 M
Hotchkis Wiley Capital Management LlcCommon Shares17 M563.4 M
Primecap Management CoCommon Shares15.4 M513.3 M

Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 22.02B.

Profitablity

The company has Net Profit Margin of 12.78 % which may imply that it executes well on its competitive polices and has a good control over its expenditures and variable costs. This is very large. In the same way, it shows Net Operating Margin of 25.34 % which entails that for every 100 dollars of revenue it generated 0.25 of operating income.

Management Efficiency

Corning Incorporated has Return on Asset of 3.78 % which means that on every $100 spent on asset it made $3.78 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 10.98 % implying that it generated $10.98 on every 100 dollars invested.

Stock Holders for Corning Incorporated

Information
Ratio
Value
At Risk
NYSE(0.003) (1.27) 
NASDAQ N America Large Mid Cap(0.0227) (2.22) 
NASDAQ N America Tech Large Mid 0.18 (0.84) 
NASDAQ N America Tech Large Mid 0.18 (0.84) 
NASDAQ OMX Clean Energy Focused 0.51  0.00 
NASDAQ Global Buyback Achievers 0.66 (0.02) 
SPDR SP Technology Hardware ET 0.06 (3.02) 
Al Frank Fd Inv Cl 0.0431 (1.64) 
Al Frank Fund Advisor Class 0.0442 (1.63) 
TCW Relative Value Large Cap Fu 0.0138 (1.37) 
TCW Relative Value Large Cap Fu 0.0078 (1.37) 
Columbia Select Large Cap Value 0.0246 (1.98) 
Columbia Select Large Cap Value 0.0219 (1.96) 
Columbia Select Large Cap Value 0.0238 (1.93) 
Columbia Select Large Cap Value 0.0276 (1.97) 
American Beacon Shapiro Equity 0.0154 (2.62) 
American Beacon Shapiro Equity 0.0157 (2.55) 
American Beacon Shapiro Equity 0.0166 (2.61) 
Neuberger Berman Dividend Growt 0.0031 (1.24) 
Neuberger Berman Dividend Growt(0.002) (1.30) 

Technical Drivers

As of 18 of September Corning Incorporated shows Mean Deviation of 1.51 and Risk Adjusted Performance of (0.06). Corning Incorporated technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Corning Incorporated which can be compared to its rivals. Please confirm Corning Incorporated Variance and Potential Upside to decide if Corning Incorporated is priced correctly providing market reflects its regular price of 27.9 per share. Given that Corning Incorporated has Jensen Alpha of (0.15), we suggest you validate Corning Incorporated prevailing market performance to make sure the company can sustain itself at future point.

Corning Incorporated Price Movement Analysis

The output start index for this execution was nine with a total number of output elements of fifty-two. The Exponential Moving Average is calculated by weighting recent values of Corning Incorporated more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Corning Incorporated Insider Trading Activities

Corning Incorporated Outstanding Bonds

MaturityCouponRating
219327AE3 8.875%03/15/20168.875
A-
219350AC9 8.875%08/15/20218.875
A-
219350AF2 7.625%08/01/20247.625
A-
219350AH8 6.85%03/01/20296.85
A-
219350AR6 7.25%08/15/20367.25
A-
219350AS4 6.625%05/15/20196.625
A-
219350AT2 7.0%05/15/20247.0
A-
219350AU9 4.25%08/15/20204.25
A-
219350AV7 5.75%08/15/20405.75
A-
219350AW5 4.75%03/15/20424.75
A-
219350AX3 4.7%03/15/20374.7
A-
219350AY1 1.45%11/15/20171.45
A-
219350AZ8 3.7%11/15/20233.7
A-
21935NAU9 7.53%03/01/20237.53
NA
21935NAV7 7.53%03/01/20237.53
NA
219350BA2 1.5%05/08/20181.5
A-
219350BB0 2.9%05/15/20222.9
A-

Corning Incorporated Technical and Predictive Indicators

Corning Incorporated Forecast Models

Recommendations

Corning Incorporated Analyst Recommendations

Target PriceAdvice# of Analysts
35.93Hold7Odds
Corning Incorporated current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Corning Incorporated Analyst Advice  

Vital Value Indicators

Corning Incorporated Basic Pricing Drivers

Quick Ratio0.96
Fifty Two Week Low26.78
Trailing Annual Dividend Rate0.76
Revenue Growth7.00%
Payout Ratio45.78%
Shares Short Prior Month16.19M
Average Daily Volume Last 10 Day5.13M
Average Daily Volume In Three Month5.36M
Earnings Growth-88.90%
Shares Percent Shares Out2.89%
Gross Margins38.98%
Earnings Quarterly Growth-87.50%
Short Percent Of Float2.88%
Forward Price Earnings13.53
Float Shares778.08M
Fifty Two Week High36.56
Enterprise Value To Ebitda10.17
Fifty Day Average29.15
Two Hundred Day Average31.91
Trailing Annual Dividend Yield2.68%
Enterprise Value To Revenue2.58
Please also check Risk vs Return Analysis. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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